Indonesia-listed company PT Petrosea Tbk said it has negotiated and signed a 12-month contract to mine both coal and overburden for PT Bukit Baiduri Energi at their coal concession area adjacent to Samarinda in east Kalimantan. The contract is worth US$11 million, the company said in a press release. Petrosea has had a long history…
INDONESIA: Petrosea lands 12-month coal mining contract worth US$11 million
Posted on December 29, 2004 by EnergyAsia